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Pooled Money Investment Account (PMIA)

Through the PMIA, the State Treasurer invests taxpayers’ money to help manage the State’s cash flow, as well as provide an investment option for local governments through the Local Agency Investment Fund. 

 

The PMIA’s primary investment objectives are safety, liquidity and yield.

Pooled Money Investment Account (PMIA)

PMIA Resources

Program Description

Learn About PMIA

Reporting Documents

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PMIA Investment Policy

Read the Policy

PMIA Statutes

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Pooled Money Investment Board

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Fast Facts February 2026

Ending Portfolio$164.6 billion
Average Workday Investment Activity$3.304 billion
Average Effective Yield3.871 percent
Average Investment Life258 days
Local Agency Investment Fund Ending Portfolio$27.4 billion
Time Deposits Ending Portfolio$5.5 billion, 150 deposits, 53 institutions

Portfolio and Performance Overview

Graph
Graph
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Documents and Reports

Additional Investment Programs

Local Agency Investment Fund

Learn More

Time Deposit Program

Learn More

Contact Information

Director Of Investments

(916) 653-3147

Assistant Director Of Investments

(916) 653-3147

PMIB Administrator

(916) 653-3147

Pooled Money Investment Account

915 Capitol Mall, Room 420

Sacramento, CA 95814

 

P.O. Box 942809 
Sacramento, CA 94209-0001

Contact Information